Found this out when I wanted a decent journaling app for Android. All the most popular ones have subscription tiers that amount to hundreds of dollar over just a few years… for a fucking journal app? what the hell!
Found this out when I wanted a decent journaling app for Android. All the most popular ones have subscription tiers that amount to hundreds of dollar over just a few years… for a fucking journal app? what the hell!
When you have commodity money, the value of the money is derived from the value of the commodity. You don’t get to assign arbitrarily higher values to the money because the market determines the value. But yes, all speculative assets typically have a higher extrinsic value compared with their intrinsic value but I don’t believe that has anything to do with it being a medium of exchange or not. That is just supply and demand.
Gold is a commodity and you can create a currency that is backed by a commodity so you aren’t actually trading the commodity itself.
That is not true, for the vast majority of the history of money it was based on a commodity that was valuable in its own sense. It is only in the last century that we have begun experimenting with currencies that are not pegged to the value of a commodity.
Cryptocurrencies derived their value from being a network of users (metcalfe’s law) so they are more like a commodity money. Thing about something like Meta, which has a valuation in the trillions despite its physical assets not be worth nearly that and its functionality as a website being easily replicated on an alternative platform. The users are what is valuable.
Hmmm anyone remember when Andrew Yang was running for president and said that data was the new oil and that people should own the content they put on social media?
I recently left a WFH only company. The environment was toxic and there was definitely some insecurity on the part of management regarding worker productivity. There was a much larger emphasis on constantly showing to management what you were working on and proving you were using your work day productively.
It was a culture shift I didn’t adapt well to and left.
Absolutely, companies are not going to just decide to implement NFTs in a way that gives more control to users unless it means more money for them. Does change the fact that the technology has that potential, even if it remain unutilized.
Except it’s not ownership, it is digital rights management. Right now DRM is handled by private corporations, not the state, and it generally is anti-consumer. NFTs could be used for DRM in a more pro consumer way.
Genetic diversity protects a species against epidemic disease
More likely they are expecting this to blow over and people to return to reddit. This isn’t the first-time people have called for a mass exodus and they are expecting it to go like it has before.
In theory open source can help you escape subscription hell but Gimp and LibreOffice do not have feature parity with Photoshop and MS Office and have significantly inferior UX. Maybe for word processing, LibreOffice or an older version of Office is fine, but that is not true at all for spreadsheets. So much the case that I would rather use Python Dataframes + Juypter notebooks than LibreOffice Calc.
This is also the case for Indesign vs Scribus, Illustrator vs Inkscape, Autocad vs Freecad. Audacity is fairly powerful but again horrible UX. That list goes on I am sure.